Engineering Economics Under ordinary simple interest, how many days in one year? 300 365 366 360 300 365 366 360 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. 5010000 5000000 5050000 5025000 5010000 5000000 5050000 5025000 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is another term for “unit method” for computing depletion? Factor method Sinking fund method Percentage method Initial cost method Factor method Sinking fund method Percentage method Initial cost method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the element of the cost from the following: Direct material Over head Direct labour All of these Direct material Over head Direct labour All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is: (1 + i)(1/2n) None of these (1 + i)n √(n + i) (1 + i)(1/2n) None of these (1 + i)n √(n + i) ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity where the payments are made at the end of each period starting from the first period? Ordinary annuity Deferred annuity Perpetuity Annuity due Ordinary annuity Deferred annuity Perpetuity Annuity due ANSWER DOWNLOAD EXAMIANS APP
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